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the idea that someone like jack welch could go on television and single-handedly embarrass himself by saying that somehow these statistics are made up? it is incredibly dangerous. we wonder why institutions in this country, while the perceptions of them are failing, because people are making these things up. as for the evidence? he said that he had none. host: that was robert gibbs talking on "meet the press" yesterday. we have 15 more minutes taking your calls on what you want to hear from the mitt romney at foreign-policy address later this morning. staying on foreign policy, ryan is on the line from amarillo, texas. caller: i wanted to talk about the function of a iran. there are more sanctions on this country, and we already have problems with them. we want to police these countries to make them hate us even more? it could lead to another war. i want to see mitt romney talked about what we could do to have these countries help us, rather than causing more problems. host: let's go out to atlanta, georgia. independent line. joe, go ahead. caller: in my opinion, mitt romney is a nake
the idea that someone like jack welch could go on television and single-handedly embarrass himself by saying that somehow these statistics are made up? it is incredibly dangerous. we wonder why institutions in this country, while the perceptions of them are failing, because people are making these things up. as for the evidence? he said that he had none. host: that was robert gibbs talking on "meet the press" yesterday. we have 15 more minutes taking your calls on what you want to...
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jack welch took a look at these numbers. remember, thereof a surge in employment like we haven't seen in 30 years that was announced on friday. jack welch says, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. do you think they changed the numbers? >> i do. i do. and i think that they did a lot of those -- a lot of monkey business. i'm telling you n a month and a half from now, they will do a readjustment like has been happening for the last year and a half. they will do a readjustment and the number will be 8.2 or more. again, the 8.2, it's not a real number because people that are out of work aren't considered unemployed. >> steve: we get that. but if you're making the allegation that this administration is monkeying with the numbers to make them look good, that is very damning. >> everyone knows he didn't want to lay off certain workers in certain categories and that's been well documented and well reported that he didn't want to lay off ctain workers in certain categories u
jack welch took a look at these numbers. remember, thereof a surge in employment like we haven't seen in 30 years that was announced on friday. jack welch says, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. do you think they changed the numbers? >> i do. i do. and i think that they did a lot of those -- a lot of monkey business. i'm telling you n a month and a half from now, they will do a readjustment like has been happening for the last...
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jack welch took a look at these numbers. remember, thereof a surge in employment like we haven't seen in 30 years that was announced on friday. jack welch says, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. do you think they changed the numbers? >> i do. i do. and i think that they did a lot of those -- a lot of monkey business. i'm telling you n a month and a half from now, they will do a readjustment like has been happening for the last year and a half. they will do a readjustment and the number will be 8.2 or more. again, the 8.2, it's not a real number because people that are out of work aren't considered unemployed. >> steve: we get that. but if you're making the allegation that this administration is monkeying with the numbers to make them look good, that is very damning. >> everyone knows he didn't want to lay off certain workers in certain categories and that's been well documented and well reported that he didn't want to lay off certain workers in certain categories
jack welch took a look at these numbers. remember, thereof a surge in employment like we haven't seen in 30 years that was announced on friday. jack welch says, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. do you think they changed the numbers? >> i do. i do. and i think that they did a lot of those -- a lot of monkey business. i'm telling you n a month and a half from now, they will do a readjustment like has been happening for the last...
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>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very, very high, but those people are still looking. >> the u-6 number for those cognizant. >> coming up -- >> you're right. republicans are in the dumps. you're right. >> no, they're trying to pretend the numbers that they depend on when they're good in their camp. >> you can't have it all. >> are skewed. >> i don't know. if it continues this way, i think republicans can have it all. >> they're not. not going to have it all. >> coming up -- i'm so excited for what's happening later in the show. we're going to talk to chicago mayor rahm
>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very,...
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jack welch, okay he is a conservative, but you still thought of him as still a pretty reasonable guy right? >> i always did yeah. he used to play golf with bill clinton. but now he's a whacko. yeah, that the obama campaign could actually doctor these numbers? come on. just accept the fact! it's working. peter is calling from miami. >> caller: hey, bill last week i wanted to talk to you when you were talking about obama and his performance, and one of the things i wanted to say is what would they have been saying if he would have been on the aggressive side, would they be saying there's the angry black guy? >> bill: you know that's what some people would have said for sure. >> caller: absolutely. but i was reading an article about the score for the obama, the deficit going down. >> bill: yeah and they always try to take the good news and turn it into bad news. >> caller: i know it's crazy. but back to the debate peter. it was not the president's best night. and certainly he has bounced back from that. >> caller: he didn't have to do that bad -- not that i thought he did bad at all but
jack welch, okay he is a conservative, but you still thought of him as still a pretty reasonable guy right? >> i always did yeah. he used to play golf with bill clinton. but now he's a whacko. yeah, that the obama campaign could actually doctor these numbers? come on. just accept the fact! it's working. peter is calling from miami. >> caller: hey, bill last week i wanted to talk to you when you were talking about obama and his performance, and one of the things i wanted to say is...
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>> i think the jack welch stuff was crazy talk. and earlier in the year when you guys were down in washington on this, joe and i talked about it, there were between points that i would make. one, nobody messes or manipulates these numbers. but, took i think we exaggerate the importance of the numbers for this reason. the people who will vote on november the 6th know what they feel about the economy already. they're living it every day. so because there's a headline that says 7.8, it's a talking point, but they already know what their friends and neighbors are doing. >> when do we find out how romney is fun raising compared to that 180 million or whatever? >> i think if it was so par with obama's, we would have heard already. i think it's probably behind. >> you don't hear that that's unbecoming to have so much money to spend. just don't hear -- it's alway s the republicans. >> it's not decided by money. nice to have, but there is saturation information for the small number of swing voters. and even if obama beat romney by 20, 30 mi
>> i think the jack welch stuff was crazy talk. and earlier in the year when you guys were down in washington on this, joe and i talked about it, there were between points that i would make. one, nobody messes or manipulates these numbers. but, took i think we exaggerate the importance of the numbers for this reason. the people who will vote on november the 6th know what they feel about the economy already. they're living it every day. so because there's a headline that says 7.8, it's a...
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do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8% unemployment the lowest since president obama was inaugurated, correct? >> well, let's take a look at those numbers and take a little deeper look and say, for those who are not looking for a job any longer, they're not in the work place. they're not in the work participation. if you were to add those to those numbers, we'd have about 11% unemployment. look, one month of these numbers -- >> that includes people who are retired, correct? >> but let's look at those numbers a little closer again, we're looking at 43 state months of unemployment above 8%.
do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8%...
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welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you noticed anything about this number, the estimates of job gains came in the exact amount it was supposed to which should have kept it at 8.2%. the estimates, somehow we got to 7.8%, and the use the most of tiles survey, the household survey. gerri: we will get to that. >> 400,000. gerri: can these numbers be sai's? >> i don't think they can. we have had rumors of bls massaging
welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it....
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if you believe jack welch, the former ceo of general electric, he said the chicago guys would do anything, accusing them of tampering with the numbers. the obama bipartisans feel this was a bare yes they needed to break, the 8%. there will be a report november 2nd, right before the election and we'll see what that report says. >> looking ahead this week, vice president joe biden and paul ryan debate. the stakes are higher. how do you expect them to do? >> there's a local factor to this, a congressman from montgomery county and parts of other places is playing paul ryan who he served with on the budget committee. ted olsen, a washington lawyer, former solicitor general is playing joe biden. you're right, there's going to be more attention now because this is the whole ticket. ryan is really not tested on a national stage. joe biden has been around forever, it seems. he has a reputation for sometimes saying the wrong thing. you saw in the package where he made the statement, the middle class has been buried. so i don't know which way this is going to go. but ryan, again, benefits from proba
if you believe jack welch, the former ceo of general electric, he said the chicago guys would do anything, accusing them of tampering with the numbers. the obama bipartisans feel this was a bare yes they needed to break, the 8%. there will be a report november 2nd, right before the election and we'll see what that report says. >> looking ahead this week, vice president joe biden and paul ryan debate. the stakes are higher. how do you expect them to do? >> there's a local factor to...
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doug we talked about a tweet from jack welch. did that ignite the controversy? >>reporter: the recovery surrounding friday's release of the unemployment numbers continues to swirl after jack welch, the respected former c.e.o. of g.e. treated "unbelievable jobs numbers. the chicago guys will do anything. can't debate? change numbers." facing criticism if the tweet he stuck by the criticism of the numbers. >> this number is made up of a whole mess of assumptions: who is participating, who is not working, who is trying for work, who has dropped out. it just begs the question. i think there ought to be a good discussion how this number is calculated. >>reporter: most analysts and the obama campaign are dismanage the criticisms as "without evidence." >> we wonder why institutions in this country are, the perception of institutions are failing, because people go on tv and make sufficient h stuff -- make stuff up. >> they had full charge of the first two years and the policies this president put into place actually made it worse, including the fact that obamacare is ta
doug we talked about a tweet from jack welch. did that ignite the controversy? >>reporter: the recovery surrounding friday's release of the unemployment numbers continues to swirl after jack welch, the respected former c.e.o. of g.e. treated "unbelievable jobs numbers. the chicago guys will do anything. can't debate? change numbers." facing criticism if the tweet he stuck by the criticism of the numbers. >> this number is made up of a whole mess of assumptions: who is...
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. >> former white house press secretary robert gibbs today also touched on the jack welch tweet. >> you wonder why institutions in this country are the perception of institutions in the country are failing because people go on tv and make stuff up. ask for the evidence and he said he had none. >> we continue to make progress. 31 consecutive months of private sector job growth. certainly we are not where we want to be. >> many analysts who combed through the unemployment data released attribute the decline to a big increase in part-time work. people looking for full-time jobs unable to find them and they are settling for part-time jobs. there were some 582,000 new part-time jobs created last month. the bureau of labor statistics categorizes the number as "part time for economic reasons." not exactly a vote of confidence in the state of the economy, shannon. >> shannon: all right, doug. a lot more on the numbers. we will break them down later with ben stein, well known economist and author and humorist as well. we might need a little bit of that. thank you, doug. is the lower unemployment
. >> former white house press secretary robert gibbs today also touched on the jack welch tweet. >> you wonder why institutions in this country are the perception of institutions in the country are failing because people go on tv and make stuff up. ask for the evidence and he said he had none. >> we continue to make progress. 31 consecutive months of private sector job growth. certainly we are not where we want to be. >> many analysts who combed through the unemployment...
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you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions. >> some report there are numbers that will come out on the eve of the election. >> you know, these are volatile figures and sometimes have to be revised. but to go and charge that the administration had manipulated this for political gain, don't you need some evidence for that? >> think it's unfortunate that jack welch who has this storied business career now appears to be stark raving mad in the donald trump category and i think this reaction is what it should have been even from a lot of people on the right and said, now, come on, you can argue about certain things but if they wanted to cook the b
you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions....
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. >> peter: and interesting 7.8% number, economists and jack welch, where did this come from, the raw numbers put out and a disconnect. >> clayton: we have to look the at revised numbers a few months later and maybe find out in december what the true number was or were in september. but we have new numbers out of ohio. the all important battle ground state of ohio where president obama has been leading significantly there. in recent polls, well not significantly, but 5 or 4 points accord to go what karl rove was talking about, 49-50%. and looking at virginia, and there mitt romney has pulled ahead of president obama 49-48% within the mar begin of error, but definitely experiencing a debate bounce. and speaking of which, let's talk about the money they have been able to raise because this plays into how people are feeling after the debate as well. in just the 48 hours since the debate, mitt romney has been able to raise 12 million dollars online and just staggering numbers. >> peter: at the same time, the president announced that they raised 181 million dollars in september, about 1.8
. >> peter: and interesting 7.8% number, economists and jack welch, where did this come from, the raw numbers put out and a disconnect. >> clayton: we have to look the at revised numbers a few months later and maybe find out in december what the true number was or were in september. but we have new numbers out of ohio. the all important battle ground state of ohio where president obama has been leading significantly there. in recent polls, well not significantly, but 5 or 4 points...
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you are jack welch. >> more of that heated exchange next. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. the highest-ranked vehicle appeal among large premium cars by j.d. power and associates. ♪ ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> friday's jobs report was good news, both for americans and for president barack obama's re-election effort, but some people like former general electric ceo jack welch hint
you are jack welch. >> more of that heated exchange next. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans...
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jack welch, he went to as far to suggest that the numbers may be manipulated by the obama administration. do you think that the numbers add up? >> i think the suggestion that the numbers was cooked is relatively ridiculous. that being said. economists at the labor department will admit freely that there is a lot of margin of error in these numbers. a month after each job report these numbers are revised upward or downward. the question of the number came out of the household survey, 800,000 plus number, there is a lot of margin for error, possibly as much as 400,000. that is admitted by folks within the labor department, as well. i think you can't get too hung up on the overall numbers because typically these are revised upward or downward. that tends to happen a month later when we stop paying attention. >> heather: what will the numbers do in terms of swaying voters' opinions, specifically undecided voter? do you expect to see a change in the polls as a result of this? >> it's a tough question. i generally think the jobs reports do not move as much of opinion of voting public with the
jack welch, he went to as far to suggest that the numbers may be manipulated by the obama administration. do you think that the numbers add up? >> i think the suggestion that the numbers was cooked is relatively ridiculous. that being said. economists at the labor department will admit freely that there is a lot of margin of error in these numbers. a month after each job report these numbers are revised upward or downward. the question of the number came out of the household survey,...
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welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking the tweet back, i exaggerated, there are problems, that is like asking the governor, how often do you beat your wife? >> i should have had the question mark on the back of it. let's face it, the fact is, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them did have a number below 8.1. >> all right, jack welch there, and the next number is due out in just four days before the election. >>> all right, would you believe that a 220 pound teacher is suing, because he said a 60 pound student beat him up. our
welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking...
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former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response. >> it is noticeable that a lot of economist are saying this is not possible. you would need more than 114,000 jobbings. i don't think it matters except to broadcasting tv shows or writing for newspaper what number they throw up on the screen. people know they are out of work and in jobs and they are way overqualified for and working part-time. so many people are going out of business and under working now. 23 million unemployed difference does it make? >> the numbers simply write away the 211,000,000 people stopping to look for people. >> oh,
former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response....
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jack welch tweeted this, unbelievable jobs numbers, these chicago guys will do anything, can't debate so change the numbers. and the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at its lowest level since i took office. >> friday's jobs report shows america still desperately needs jobs. yet the president's central and sole proposal would mean fewer jobs. >> republicans in congress need to stop trying to relaxing fight the battles of the past few years and finally start doing something to actually help the middle class get ahead. >> we can't afford four more years like the last four. falling incomes, rising prices, 23 million americans struggling for work. >> congress needs to step up and pass my plan to create a veterans job corps to help our returning heroes find work as cops, firefighters and park rangers in communities across the country. a few weeks ago republicans in the senate voted that plan down. ask them why someone who fights for this country abroad should fight for a job when they come home. >> understand that the preside
jack welch tweeted this, unbelievable jobs numbers, these chicago guys will do anything, can't debate so change the numbers. and the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at its lowest level since i took office. >> friday's jobs report shows america still desperately needs jobs. yet the president's central and sole proposal would mean fewer jobs. >> republicans in congress need to stop trying to relaxing fight the...
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you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet to say i was exaggerating. there are problems, maybe bls should look into it, but the actually throw out an accusation, that's like asking the government how often do you beat your wife? >> i should have had a question mark, at the back of it. let's face it. but the facts are no matter how you want to look at this, we had 25 economists polled before this number came out. the average number they expected was about 115,000. >> yes. >> not one of them had a number below 8.1. >>> tomorrow, three suspected terrorists are expected to make their first court appearance in new york. they were extradited from britain overnight after a legal battle that lasted more than ten years. one suspect has a hook for a hand and has called osama bin laden a hero. the radical cler iic is wanted r several crimes commit against the united nations the
you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet to say i was exaggerating. there are problems, maybe bls should look into it, but the actually throw out an accusation, that's like asking the government how often do you beat your wife? >> i should have had a question mark, at the back of it. let's face it. but the facts are no matter how you want to look at...
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welch. what does it say about the level of partisanship in the country? >> it says that the overhype of partisanship starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the president a boost in the wake of a terrible debate performance. but bottom line, it's a sign that the trend is moving away from the debt sweep we've dealt with. >> let me pick up on that. we heard david kerley say some democrats are saying what debate? how much of a boost does it really give the president, given the lackluster nature of his performance the other night? >> it doesn't give the president a do-over. he still had a lousily first debate. that hurts. it hurts. it's not determ
welch. what does it say about the level of partisanship in the country? >> it says that the overhype of partisanship starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and...
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jack welch wrote, unbelievable job numbers. the chicago guys will do anything, can't debate? they'll change the numbers. >> it's lead yous to hear that statement. >> the secretary of labor denies any political motivation, saying the numbers are real. so while romney launches tv ads promising to do better than president obama. >> i have a detailed floon create 12 million new jobs. >> obama is celebrating this report. >> this country has come to far. >> a bench mark proves america is on the right track. >> economists say the number of new jobs being created is still not enough to significantly lower the unemployment rate. the next jobs report comes out four days before the election. danielle lee. >> 66 degrees at the airport. dining out can be tough on a budget. baltimore magazine has a list of the top 25 places to get a meal for under $40. if pumpkin spice latte your thing during the fall? could be out of luck. details on a possible pumpkin shortage after the break. >>> cold front's coming in. could generate a little rain. that's not tissue of this cold front. it's the cold pa
jack welch wrote, unbelievable job numbers. the chicago guys will do anything, can't debate? they'll change the numbers. >> it's lead yous to hear that statement. >> the secretary of labor denies any political motivation, saying the numbers are real. so while romney launches tv ads promising to do better than president obama. >> i have a detailed floon create 12 million new jobs. >> obama is celebrating this report. >> this country has come to far. >> a bench...
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minutes after the jobs numbers came out former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7% to 8% from 8.1%. officials from the bureau of laib statistics say the numbers are almost impossible to manipulate. general electric is the minority share holder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than a hundred people at the end of the year. simple colors owned by revlon is closing the beltsville facility and the company said it would be eliminating 250 jobs as part of a global reorganization. >>> good news for a metro rider this weekend. you don't have to deal with too much track work. crews will only be working on two lines. on the red line trains will single track between judiciary square and fort totten. on the orange line trains share a track between stadium armory and cheverly. the work continues on monday because of the holiday. everything should be back to normal tuesday morning. now to the future of metro and its new fleet of train cars. the transit agency re
minutes after the jobs numbers came out former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7% to 8% from 8.1%. officials from the bureau of laib statistics say the numbers are almost impossible to manipulate. general electric is the minority share holder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than a hundred people at the end of the year. simple colors owned by...
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yesterday jack welch, the former chairman and ceo of ge, tweeted unbelievable job numbers. these chicago guys will do anything. can't debate, so change numbers. he's obviously very influential man. when he tweets, people listen. is there any way that these kinds of numbers can be manipulated? >> he tweets, people listen, they retweet, they write about it and we certainly talked about it a lon on cnbc. the fact of the matter is the bureau of labor statistics has been calculating this number since 1948. it's a scientific survey. they poll 140,000 businesses. you definitely have a giant sample here. what some people are saying is a possibility is that the type of businesses sampled were ones that were skewed towards jobs added. those place where is they might have add more part-time workers. we also saw a giant jump in the number of people employed from the age group of 20 to 24. the biggest jump since 1964. some of these businesses that employed more young people being pulled? it's unlikely. it's really an issue of how much data you can actually get together in 30 days time.
yesterday jack welch, the former chairman and ceo of ge, tweeted unbelievable job numbers. these chicago guys will do anything. can't debate, so change numbers. he's obviously very influential man. when he tweets, people listen. is there any way that these kinds of numbers can be manipulated? >> he tweets, people listen, they retweet, they write about it and we certainly talked about it a lon on cnbc. the fact of the matter is the bureau of labor statistics has been calculating this...
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you are jack welch. jack, you've got to take this opportunity while everybody is listening to you to actually say, yes, anderson, i'm taking that tweet back. i'm going to send a new tweet to say i was exaggerating. there are problems bls should look into but to throw out an accusation that's like asking the government how often do you beat your wife. >> i should have had a question mark at the back of it, ali, let's face it, but the facts, are ali, no matter how you want to look at this, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them -- >> yes. >> had a number below 1.1. >> labor secretary hilda so li s shot back at the critics telling cnn it was insulting for people to suggest her department was manipulating numbers for the president's benefit. >>> the obama and romney campaigns are ratcheting up the rhetoric in the wake of the jobs report. our political editor paul steinhauser hats candidate's comments. one set of numbers, tw
you are jack welch. jack, you've got to take this opportunity while everybody is listening to you to actually say, yes, anderson, i'm taking that tweet back. i'm going to send a new tweet to say i was exaggerating. there are problems bls should look into but to throw out an accusation that's like asking the government how often do you beat your wife. >> i should have had a question mark at the back of it, ali, let's face it, but the facts, are ali, no matter how you want to look at this,...
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jack welch tweeted, former cege, who kno -- ceo of ge, he says this is unbelievable. they're messing with the numbers. steve forbes, former gop presidential candidate, berkeley man himself, retweeted it and said, jack is right. and then there was this entire universe. i joked about it. you're out of your mind if you don't think these numbers were cooked. yesterday jack welch went on my colleague "chris matthews show" and this is what transpired. >> you put out the word here, unbelievable jobs numbers, fair enough. these chicago guys will do anything so they change the numbers. what evidence do you have that they got to the bos? the chicago guys got to the bureau of labor statistics and jimmied these numbers by .3%. >> i have no evidence, i just raised the question. >> you came out and asserted not a question mark or talked about a coincidence, you said these chicago guys will do anything so they change the numbers. do you want to take that back? jimmying with these numbers. there was corruption here, infiltration, getting to the -- it's not funny, jack. you're talking
jack welch tweeted, former cege, who kno -- ceo of ge, he says this is unbelievable. they're messing with the numbers. steve forbes, former gop presidential candidate, berkeley man himself, retweeted it and said, jack is right. and then there was this entire universe. i joked about it. you're out of your mind if you don't think these numbers were cooked. yesterday jack welch went on my colleague "chris matthews show" and this is what transpired. >> you put out the word here,...
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this is "the washington post" -- this comes from the story you probably heard about jack welch yesterday. there is the math and statistics. we want to get your reaction. tell us your job status as well as it currently stands. the phone numbers will be on your screen. you can also reach out via social media. can i ask your job status? caller: right now i am disabled. host: how long is that? . caller: one year. host: tell us a little bit about your current situation and your reaction to 7.8% unemployment figure. caller: i have three torn ligaments in my shoulder. host: are you getting disability. disability caller: yes. . host: what type of work do you do? are you pursuing some kind of work that does not require physical labor? caller: i am going to school. . host: for what? . caller: a want to be a technician. host: what type of technician? caller: a mechanic. host: quaker town, pennsylvania, good morning. caller: glad to get through again. this has to do, when you talk about work or work ethic, today is the day that we set aside -- i called last year and talked to susan on october 6 last
this is "the washington post" -- this comes from the story you probably heard about jack welch yesterday. there is the math and statistics. we want to get your reaction. tell us your job status as well as it currently stands. the phone numbers will be on your screen. you can also reach out via social media. can i ask your job status? caller: right now i am disabled. host: how long is that? . caller: one year. host: tell us a little bit about your current situation and your reaction to...
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jack welch went further obviously the former ceo of g.e. and he said unbelievable jobs numbers. the these chicago guys will do anything. can't debate so they change the numbers. set person who suggested something fishy was going on. >> and of course our own lou dobbs has said no the bureau of labor statistics is insulated entity and peter morris is i on our show a short time ago said no, this isn't the case that they would never cook the books for a white house. that's not something they would do. they are economists and statisticians and there might be anomaly in the numbers. here was jack welch yesterday talking to cavuto and he said something smells funny here, listen. >> these numbers don't smell right when you think about where the economy is right now. every economist this morning predicted roughly 90 to 120,000 and 8.2 unemployment came out very favorably just one tenth of a point below when the president took office. >> well, it's funny when people manipulate numbers back and forth on both sides. i always think about the 23 million people who don't have a job and you guy
jack welch went further obviously the former ceo of g.e. and he said unbelievable jobs numbers. the these chicago guys will do anything. can't debate so they change the numbers. set person who suggested something fishy was going on. >> and of course our own lou dobbs has said no the bureau of labor statistics is insulated entity and peter morris is i on our show a short time ago said no, this isn't the case that they would never cook the books for a white house. that's not something they...
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after the job numbers came out, former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7.8% from 8.1% but officials from the bureau of labor statistics say the numbers are almost impossible to manipulate. general electric is the minority shareholder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than 100 people at the end of the year. the company owned by revlon is closing its beltsville facility. >>> d.c. mayor vincent gray says he is not worried about the 2014 mayoral election focusing instead on his current term. he dismissed a tweet yesterday that said he wouldn't run next election. he is currently under investigation for election fraud but no charges have been filed. gray appeared agitated when asked about the tweet and if he would run in 2014. >> is this based on somebody's opinion that was quoted today in a story? >> reporter: yes apparently. >> i don't know where they get their opinion from. >> i don't know either. >> reporter: are you going to run again? >> that isn't e
after the job numbers came out, former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7.8% from 8.1% but officials from the bureau of labor statistics say the numbers are almost impossible to manipulate. general electric is the minority shareholder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than 100 people at the end of the year. the company owned by revlon is closing...